PROFESSIONAL AFFILIATIONS

APPRAISAL EXPERIENCE / TYPES OF REAL ESTATE APPRAISED

General Real Estate appraising since 1975. Specialized in rural farm appraisals for 15 years while employed with the Federal Land Bank (now named Farm Credit Services). General commercial appraisal since 1991 upon beginning employment with Michael Tarnow, MAI, SRA, AI-GRS.

PROFESSIONAL DESIGNATIONS

The Appraisal Institute conducts a program of continuing education for its designated
members. MAIs and RMs who meet the minimum standards of this program are awarded periodic
educational certification.

THE APPRAISAL INSTITUTE

The Appraisal Institute, is the oldest organization of professional appraisers in the United States. The Appraisal Institute is the result of the 1990 merger of the American Institute of Real Estate Appraisers and the society of Real Estate Appraisers. It is the largest organization of Real Estate Appraisers.

Founded in 1932 the Appraisal Institute has, during its 59-year history, attained a national reputation for professional service to the public. Courts, government agencies, lending institutions, developers and real estate brokers have relied upon - and in many cases sought out - reports prepared by appraisers who hold the MAI or RM designation. With the merger the designations include the SRA which is equivalent to the RM.

The Appraisal Institute has an intensive program designed to test knowledge, experience and judgment in the field of real estate appraising, and membership in the Institute is awarded only to those who have demonstrated their ability to meet these stringent requirements. These standards demand that a member have years of practical appraisal experience, pass extensive written tests, and submit numerous appraisal reports demonstrating the ability to render competent service to clients. Moral character, ethical conduct and professional services are always subject to review by the Appraisal Institute.

Over the years The Appraisal Institute has been a pioneer in the field of continuing appraisal education. Its first case study course was presented in 1935. Today, the Institute offers a series of thirteen different intensive one and two week courses ranging from basic appraisal principles and techniques to more technical subjects. It is also a major publisher of appraisal textbooks, monographs and periodicals.

SRA - Member - is the designation earned by those specialists who have demonstrated competence in the appraisal of single family residences.

MAI - Member, Appraisal Institute - is a designation awarded to those who have proven their ability to appraise all types of real property.

All members must subscribe to the Institute's rigid Code of Ethics and Standards of Professional Conduct.

The Appraisal Institute conducts a program of continuing education for its designated members. MAIs and SRAs who meet the minimum standards of this program are awarded periodic educational certification.